''Unión Fenosa, S.A.'' was, until its acquisition by '' Gas Natural'' in 2009, a large Spanish company dedicated to the production and distribution of gas and electricity. It installed capacity of 11,120 megawatts of power and 8.9 million customers. The headquarters were in

Madrid Madrid ( ; ) is the capital and List of largest cities in Spain, most populous municipality of Spain. It has almost 3.5 million inhabitants and a Madrid metropolitan area, metropolitan area population of approximately 7 million. It i ...

and the chairman was Pedro López Jiménez. Formerly a constituent of the

IBEX 35 The IBEX 35 (IBerian IndEX) is the benchmark stock market index of the Bolsa de Madrid, Spain's principal stock exchange. Initiated in 1992, the index is administered and calculated by Sociedad de Bolsas, a subsidiary of Bolsas y Mercados Espa� ...

index, the company is a part of the Naturgy Energy Group.

History

The company was founded in 1912 as ''Unión Eléctrica Madrileña'' and it traded under that name until 1970 when the name was changed to ''Unión Eléctrica''. In 1982 it merged with ''Fuerza Eléctrica de Noroeste, S.A.'' (Fenosa) to form ''Unión Eléctrica Fenosa''. In 2000 the name was shortened to ''Unión Fenosa''. In 2008 the company was acquired by the Gas Natural group.Gas Natural buys on the stock market another 3% of Fenosa
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Carbon intensity

Structure

The company had the following businesses: * Domestic generation and marketing * Domestic distribution * Gas * International electrical business * Other interests ** Indra (11%)

Shareholders

Prior to 2008 around 45% of the shares were owned by Grupo ACS. In July 2008, Gas Natural agreed to buy Grupo ACS's stake worth €7.6 billion.

References

External links

Unión Fenosa website
�� (company defunct in 2009).
:Union Fenosa Investing in India" (2008)

"Union Fenosa´s ongoing dispute in Guatemala" (2010)
{{DEFAULTSORT:Union Fenosa Public utilities of Spain Defunct electric power companies of Spain Defunct energy companies of Spain Companies based in the Community of Madrid Energy companies established in 1982 Non-renewable resource companies established in 1982 Non-renewable resource companies disestablished in 2009 Spanish companies established in 1982 Spanish companies disestablished in 2009 Companies formerly listed on the Madrid Stock Exchange